Adisyn Ltd (ASX: AI1) (“Adisyn” or the “Company”) is pleased to announce it has signed a binding agreement with Zettagrid Pty Ltd (“Zettagrid”) to dispose of it’s VMware cloud platform for a total consideration of up to $1.4 million in cash (“Agreement”).
Highlights:
- Divestment of VMware cloud assets to Zettagrid to generate up to $1.4m in cash.
- $850k upfront payment, with the remaining $550k payable 9 months following settlement date and subject to revenue based earn out…